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  • FIRST POST
    • Barrie Nunn
    • By Barrie Nunn 22nd Sep 16, 9:18 AM
    • 1Posts
    • 0Thanks
    Barrie Nunn
    Has My Credit File Been Compromised?
    • #1
    • 22nd Sep 16, 9:18 AM
    Has My Credit File Been Compromised? 22nd Sep 16 at 9:18 AM
    Dear MSE
    I have just registered as a new member, and took up the Free Experian Credit Report.
    I was shocked to find my score come out at 321 out of 999!!
    This, potentially, explains why my credit card provider recently advised intention to raise my credit limit, then promptly withdrew this offer before active date, due to "adverse information"!
    I am a professional IFA/Financial Consultant, and I am regulatorily obliged to have a Statement of Professional Standing, issued annually, in order to be able to retain my role as an Adviser.
    My credit report was reissued only 2-3 months ago, and my SPS issued, based on a "clean" Report from Experian or Equifax, and yet it seems something could have occurred which has impacted my credit rating.
    Personally, my Mortgage is up to date, I pay off my TESCO credit card statement religiously every month, anything from £1,500 to £3,000, I have a Halifax Affinitiy card which is Zero and paid off whenever used, I have a Personal Loan which is up to date, and have paid off previous loans without hiccup or arrears, and all my direct debits are up to date with utilities, Council, life companies, and so on.
    Hence, I am at a loss as to why my credit score on this free web-based measure comes out at a level which would see me struggle to get any of the credit cards listed on the site, even if I needed one!!!
    Can you suggest how I go about checking out the credit data held, as I have had a number of my Clients have their e-mails and other affairs hacked - as a company, we suffer as much as 150 "hits" a day from scammers looking to penetrate our databases, so I am fully aware of the huge amount of attacks on private and corporate integrity going on, so I would appreciate any pointers, as this is my professional livelihood I am talking about, and but for the letter from TESCO, I could have been blissfully unaware, until I next came to obtain a Report in support of my annual statement of professional capability!!
    Many thanks
    Barrie Nunn
Page 1
    • zx81
    • By zx81 22nd Sep 16, 9:23 AM
    • 8,723 Posts
    • 8,544 Thanks
    zx81
    • #2
    • 22nd Sep 16, 9:23 AM
    • #2
    • 22nd Sep 16, 9:23 AM
    Are you sure you're an IFA? Your credit score is entirely irrelevant. No one sees it but you.

    You need to check your three files to ensure the data held on there is accurate.
    • abby1234519
    • By abby1234519 22nd Sep 16, 9:27 AM
    • 1,641 Posts
    • 2,644 Thanks
    abby1234519
    • #3
    • 22nd Sep 16, 9:27 AM
    • #3
    • 22nd Sep 16, 9:27 AM
    Dear MSE
    I have just registered as a new member, and took up the Free Experian Credit Report.
    I was shocked to find my score come out at 321 out of 999!!
    This, potentially, explains why my credit card provider recently advised intention to raise my credit limit, then promptly withdrew this offer before active date, due to "adverse information"!
    I am a professional IFA/Financial Consultant, and I am regulatorily obliged to have a Statement of Professional Standing, issued annually, in order to be able to retain my role as an Adviser.
    My credit report was reissued only 2-3 months ago, and my SPS issued, based on a "clean" Report from Experian or Equifax, and yet it seems something could have occurred which has impacted my credit rating.
    Personally, my Mortgage is up to date, I pay off my TESCO credit card statement religiously every month, anything from £1,500 to £3,000, I have a Halifax Affinitiy card which is Zero and paid off whenever used, I have a Personal Loan which is up to date, and have paid off previous loans without hiccup or arrears, and all my direct debits are up to date with utilities, Council, life companies, and so on.
    Hence, I am at a loss as to why my credit score on this free web-based measure comes out at a level which would see me struggle to get any of the credit cards listed on the site, even if I needed one!!!
    Can you suggest how I go about checking out the credit data held, as I have had a number of my Clients have their e-mails and other affairs hacked - as a company, we suffer as much as 150 "hits" a day from scammers looking to penetrate our databases, so I am fully aware of the huge amount of attacks on private and corporate integrity going on, so I would appreciate any pointers, as this is my professional livelihood I am talking about, and but for the letter from TESCO, I could have been blissfully unaware, until I next came to obtain a Report in support of my annual statement of professional capability!!
    Many thanks
    Barrie Nunn
    Originally posted by Barrie Nunn
    The score is arbitrary - it means nothing. If you have nothing bad on your report - ie defaults then your credit history is in good standing.

    The only credit score that matters is one issued by a lender. I'm pinching a wiser person's words here, can't remember who wrote it on the board a few days ago. But the credit report company don't issue you credit so it doesn't matter. One company might give you 321, but another 700 so really it is just arbitrary
    £13,458.86 £9,799.69 £9,699.69
    Ebaying to clear Very £163.50 £63.50
    All interest free currently. Chipping away!
    • robber2
    • By robber2 22nd Sep 16, 12:05 PM
    • 104 Posts
    • 62 Thanks
    robber2
    • #4
    • 22nd Sep 16, 12:05 PM
    • #4
    • 22nd Sep 16, 12:05 PM
    Are you sure you're an IFA?
    Originally posted by zx81
    It would seem so;


    https://www.linkedin.com/in/barrie-nunn-656b9a15

    Hi Barrie,

    most posters here choose a user name thats a little more discrete.


    Rob
    • Mimi Arc en ciel
    • By Mimi Arc en ciel 22nd Sep 16, 12:29 PM
    • 4,384 Posts
    • 5,691 Thanks
    Mimi Arc en ciel
    • #5
    • 22nd Sep 16, 12:29 PM
    • #5
    • 22nd Sep 16, 12:29 PM
    It would seem so;

    https://www.linkedin.com/in/barrie-nunn-656b9a15

    Hi Barrie,

    most posters here choose a user name thats a little more discrete.


    Rob
    Originally posted by robber2
    this is why I hate the internet at times... far too easy to find people
    Very proud mummy of 2!
    • Ebe Scrooge
    • By Ebe Scrooge 22nd Sep 16, 1:29 PM
    • 3,110 Posts
    • 2,494 Thanks
    Ebe Scrooge
    • #6
    • 22nd Sep 16, 1:29 PM
    • #6
    • 22nd Sep 16, 1:29 PM
    I find it quite amusing that an IFA doesn't know the irrelevance of the credit score, and needs to ask "Can you suggest how I go about checking out the credit data held"
    I may not know much about art, but I know what I like.
    • Superscrooge
    • By Superscrooge 22nd Sep 16, 5:48 PM
    • 505 Posts
    • 346 Thanks
    Superscrooge
    • #7
    • 22nd Sep 16, 5:48 PM
    • #7
    • 22nd Sep 16, 5:48 PM
    It would seem so;


    https://www.linkedin.com/in/barrie-nunn-656b9a15

    Hi Barrie,

    most posters here choose a user name thats a little more discrete.


    Rob
    Originally posted by robber2
    It's also possible that the poster isn't an IFA, but has looked up the name of a random IFA to back up his claim to be an IFA .
    Last edited by Superscrooge; 22-09-2016 at 5:50 PM.
    • robber2
    • By robber2 22nd Sep 16, 6:12 PM
    • 104 Posts
    • 62 Thanks
    robber2
    • #8
    • 22nd Sep 16, 6:12 PM
    • #8
    • 22nd Sep 16, 6:12 PM
    It's also possible that the poster isn't an IFA, but has looked up the name of a random IFA to back up his claim to be an IFA .
    Originally posted by Superscrooge

    hmmm, interesting thought but it begs the question; why?
    • takman
    • By takman 23rd Sep 16, 2:34 PM
    • 1,310 Posts
    • 991 Thanks
    takman
    • #9
    • 23rd Sep 16, 2:34 PM
    • #9
    • 23rd Sep 16, 2:34 PM
    This is either a wind up or he is an extremely incompetent financial advisor!
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